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Examen

DC STATE PORTION LATEST UPDATED 2025/.2026 EXAM / COMPLETE STUDY GUIDE WITH ALL QUESTIONS & SURE VERIFIED ANSWERS 100% GRADED AT A+ GUARANTEED PASS!!

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DC STATE PORTION LATEST UPDATED 2025/.2026 EXAM / COMPLETE STUDY GUIDE WITH ALL QUESTIONS & SURE VERIFIED ANSWERS 100% GRADED AT A+ GUARANTEED PASS!! Who appoints members of the DC Real Estate Commission? The commission executive director The DC Council chairperson The mayor The outgoing commissioners - ANSWER The mayor 2. Dennis was surprised to learn that the DC Real Estate Commission isn't a completely independent body, but is instead under the administrative oversight of ________. The Better Business Bureau The DC Council The DC mayor The National Association of REALTORS® - ANSWER The DC mayor 3. Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants her to make an offer on the property on his behalf. Jersey considers her personal interest in the property too minor to bother disclosing it. Is this a violation of DC law? No. Jersey must disclose that the buyer is her neighbor, but she doesn't need to disclose her interest in the property. No. Jersey need not disclose unless she holds at least a 10% interest in a property. No. Jersey need not disclose unless she holds at least a 15% interest in a property. Yes. Jersey must disclose any interest she holds in a property. - ANSWER Yes. Jersey must disclose any interest she holds in a property. 4. Colin was found guilty of a minor violation of DC license law. The commission decided that Colin needed remediation, which in this case likely includes ________. Fines Probation Retraining Suspension - ANSWER Retraining 5. Phyllis has been working independently as a DC broker for six years and recently decided that she no longer wants to deal with the paperwork or insurance requirements. She's going to work as an associate broker for a colleague. What should she do next? Call the real estate commission secretary Courier a transfer application to the real estate commission Notify the commission via a letter sent by certified mail Submit a transfer application to the Division of Business and Professional Licensing - ANSWER Notify the commission via a letter sent by certified mail 6. Which protected classes does DC's Human Rights Act add to those already protected under the federal Fair Housing Act? Age, marital status, personal appearance, sexual orientation, and gender identity or expression Age, marital status, personal appearance, sexual orientation, gender identity or expression, family responsibilities, matriculation, and political affiliation Age, sex, marital status, disability

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DC STATE PORTION LATEST
UPDATED 2025/.2026 EXAM /
COMPLETE STUDY GUIDE WITH
ALL QUESTIONS & SURE VERIFIED
ANSWERS 100% GRADED AT A+
GUARANTEED PASS!!

1. Who appoints members of the DC Real Estate Commission?

The commission executive director

The DC Council chairperson

The mayor

The outgoing commissioners - ANSWER ✔ The mayor

2. Dennis was surprised to learn that the DC Real Estate Commission
isn't a completely independent body, but is instead under the
administrative oversight of ________.

The Better Business Bureau

The DC Council

The DC mayor

,The National Association of REALTORS® - ANSWER ✔ The DC
mayor


3. Jersey, a real estate licensee who lives in DC, inherited a 5% interest
in a strip mall. Pete, her neighbor, saw a for sale sign at the strip mall
and wants her to make an offer on the property on his behalf. Jersey
considers her personal interest in the property too minor to bother
disclosing it. Is this a violation of DC law?

No. Jersey must disclose that the buyer is her neighbor, but she doesn't
need to disclose her interest in the property.

No. Jersey need not disclose unless she holds at least a 10% interest in a
property.

No. Jersey need not disclose unless she holds at least a 15% interest in a
property.

Yes. Jersey must disclose any interest she holds in a property. -
ANSWER ✔ Yes. Jersey must disclose any interest she holds in a
property.

4. Colin was found guilty of a minor violation of DC license law. The
commission decided that Colin needed remediation, which in this case
likely includes ________.

Fines

Probation

Retraining

Suspension - ANSWER ✔ Retraining

,5. Phyllis has been working independently as a DC broker for six years
and recently decided that she no longer wants to deal with the paperwork
or insurance requirements. She's going to work as an associate broker for
a colleague. What should she do next?

Call the real estate commission secretary

Courier a transfer application to the real estate commission

Notify the commission via a letter sent by certified mail

Submit a transfer application to the Division of Business and
Professional Licensing - ANSWER ✔ Notify the commission via a
letter sent by certified mail

6. Which protected classes does DC's Human Rights Act add to those
already protected under the federal Fair Housing Act?

Age, marital status, personal appearance, sexual orientation, and gender
identity or expression

Age, marital status, personal appearance, sexual orientation, gender
identity or expression, family responsibilities, matriculation, and
political affiliation

Age, sex, marital status, disability

Sex, disability, and religion - ANSWER ✔ Age, marital status,
personal appearance, sexual orientation, gender identity or expression,
family responsibilities, matriculation, and political affiliation

7. Which of these statutory duties of DC real estate licensees is included
under the broader duty of promoting the client's best interests?

, Comply with all fair housing laws and regulations.

Disclose any material facts.

Seek out the best terms for one's client.

Treat all parties honestly. - ANSWER ✔ Seek out the best terms for
one's client.


8. Serena is accused of commingling trust funds from two different
clients. She has a hearing before the DC Real Estate Commission next
week. If she is found guilty of two separate license law violations, what
is the maximum civil penalty that can be imposed on her?

$10,000 fine

$20,000 fine

$5,000 fine

No fine - ANSWER ✔ $10,000 fine

9. Karen just received her real estate license in DC. She must renew her
license on August 31, 2019. What kind of license does Karen have?

Associate broker

Broker

Managing broker

Salesperson - ANSWER ✔ Salesperson

Información del documento

Subido en
31 de marzo de 2025
Número de páginas
77
Escrito en
2024/2025
Tipo
Examen
Contiene
Preguntas y respuestas
$12.89

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